Business – Page 157 – Maravi Express – Your Kind of News. Clear and accurate.

Illovo Sugar Malawi Plc geared to create more opportunities for its consumers

June 3, 2023

Illovo’s investiment towards MUST’s IT services * Illovo has spent over K2.5 billion in the last two and a half years in CSR and CVS * CSR is about sharing value created by the business while CSV is creating value through business done jointly with stakeholders By Twimepoki Mangani, MANA Malawi Stock Exchange-listed company, Illovo Sugar Malawi Plc says it is and will continue embracing corporate social responsibility (CSR) and corporate shared vision (CSV) to fulfill their mandate of…

Standard Bank invests K4.5m worth of equipment to Beit Cure to boost children’s surgeries

June 3, 2023

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| Business, Health, News

Chege (right) presenting to Beit Cure’s Chemey * Today marks a continuation of our contributions to the health care sector where we have a track record of building hospitals * And providing financial support for Cholera and CoVID-19, food and medicines, among others By Duncan Mlanjira Malawi Stock Exchange-listed Standard Bank Plc has donated mobility devices worth K4.5 million to Beit Cure International Hospital in Blantyre to help in rehabilitation of children undergoing surgeries from natural and post-life physical…

NICO Group joins huge support from corporates towards EGENCO’s hosting of Power Utilities meetings with K12m investment

June 3, 2023

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| Business, National, News

NICO Group and EGENCO officials captured during the symbolic cheque presentation * Our manufacturing, mining, and agriculture industries need energy to operate successfully * NICO Group is a key contributor to national development and an advocate for economic growth * This sponsorship is a further indication of the Group’s commitment towards that drive By Victor Singano Jnr In appreciation of the role that Electricity Generation Company (EGENCO) plays in driving the country’s economy through the energy as an enabler…

Malawi and Zimbabwe leadership emphasises on need to have a common economic voice

June 2, 2023

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| Business, International, News

* I can challenge you all that we are both determined to forge ahead with our cooperation even in challenging times * Such as sanctions that were imposed on Zimbabwe whose lifting we have openly and relentlessly called for at various fora By Patricia Kapulula, MANA Malawi and Zimbabwe Presidents, Lazarus Chakwera and Emmerson Mnangagwa, have emphasised on the need for the two countries to have a common economic voice in order to achieve their shared vision and common…

Airlink to launch flights to Malawi from Johannesburg in September

June 2, 2023

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| Business, International, News, Tourism

* The Warm Heart of Africa becomes the 16th country to be included in Airlink’s comprehensive route network * Airlink will fly comfortable and efficient 37-seat Embraer Regional Jets on both new routes, which will operate three times a week By Duncan Mlanjira Airlink, southern Africa’s premier privately-owned regional airline, will start operating flights between Johannesburg, South Africa to Malawi landing both in Lilongwe and Blantyre from September 23, 2023. In a statement, headlined Muli bwanji Malawi! (how are you, Malawians),…

TNM expects profit turnaround in 2023–Chief Finance Officer

June 2, 2023

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| Business, News

Chief Financial Officer, Peter Kadzitche * There are also many positive indicators in key business segments, especially mobile money, voice , and data * Some of the positives include a return to 2017 profitability levels for most segments of the business Maravi Express TNM Plc, Malawi’s pioneering mobile telecoms operator, expects to turn around its fortunes after recording strong performance in the first and second quarter of 2023, its Chief Financial Officer, Peter Kadzitche has projected. While acknowledging 2022…

Zimbabwe President Mnangagwa granted freedom of Lilongwe City

June 1, 2023

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| Business, International, National, News

* He is expected to hold a number of official engagements with his counterpart Lazarus Chakwera * Which include bilateral talks and visiting areas that were affected by Tropical Cyclone Freddy By Tiyanjane Nandie Mambucha & Rachel Gonani, MANA Zimbabwe President, Comrade Emmerson Dambuzo Mnangagwa has been granted freedom of Lilongwe City by the Mayor, Richard Banda upon his arrival in Malawi on Wednesday for a three-day state visit. Accompanied by President Lazarus Chakwera and Vice-President Saulos Chilima, Mnangagwa…

All set for EGENCO to host high-level Association of Power Utilities of Africa annual meetings as CDHIB supports with K1m

June 1, 2023

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| Business, International, National, News

* The meetings will support the national agenda to propel the energy sector development and ultimately promote economic growth * The will contribute towards improving our nation’s socio-economic status by enhancing our innovations in the energy sector By Duncan Mlanjira CDH Investment Bank (CDHIB) recognises that for the country’s energy sector to be strong, there is need for collaborative efforts in partnership with other African countries — thus its support of K1 million donated to Electricity Generation Company (EGENCO)…

FDH Group supports K5m towards 3rd edition of Wealth CEO Summit set for Lilongwe on July 28-29

June 1, 2023

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| Business, International, News

Nkunika (right) hands over the cheque to Chima * To be discussed under the theme ‘Redeeming MW2063 through Collaborative Business Leadership’ * This is “a high-level platform that hinges on development of a business and entrepreneurial ecosystem * Including SME’s in Malawi to become key drivers of the economy in creating jobs among others By Duncan Mlanjira In support of the Wealth Chief Executive Officer (CEO) Summit as a catalyst for economic growth in the country, FDH Bank has…

Illovo Sugar Malawi Plc donates hi-tech ICT servers for Malawi University of Science & Technology

May 30, 2023

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| Business, Education, News

* It is also the company’s appreciation of the importance that technology plays in education as well as business in today’s world * These servers are not just a piece of hardware, but a high-performance computing solution that provides data storage, processing, and management capabilities By Duncan Mlanjira In its belief in the power of education and recognizing its role it has to play towards its advancement, Illovo Sugar Malawi Plc has donated hi-tech ICT servers to Malawi University…